Question-and-Answer Session
Operator
(Operator instructions). Our first question is coming from [Reggie Smith] with JPMorgan. Please state your question.
Unidentified analyst
My first question, you guys talked about Canada this morning and I was wondering if you could give a little more detail there, may be explain what the market looks like today, like who's providing those types of services and maybe kind of size what the market is relative to the US, and just to be clear, it sounds like you'd have a transaction processing type relationship up there or would it be a funding payment processing type relationship?
Mike Dubyak
Yeah, Reggie let me clarify, in Canada we do process private label programs as well as we have our Wright Express card at some locations up there and that is processed out of our location here in South Portland. But when we talk international, so beyond North America we’re really talking about the acquisition we made of the FAL company in New Zealand and we’re hosting that in Vienna and we will do international transaction processing out of that site for major oil companies in probably different parts of the world, primarily the European market, Asia Pacific markets, but it could extend beyond that.
And what I was alluding to was that to get started, since this is brand new for us, we're going to start primarily as a processor where we basically will do authorizations, we'll do transaction processing and then we'll feed the transactions back to the oils and feed back into their AR systems and into their CRM systems. So they would do if you will, the credit collections customer service.
Overtime, we hope that we can migrate and move into those operation services but initially, we would just be a transaction processor for these major oil companies in different parts of the world. So I hope that clarifies the Canada versus the rest of the international.
Unidentified Analyst
No. It definitely does. Can you talk a little bit about who is providing these services today, would it be competitive type brand, are banks doing this now and maybe how your product offering compares to those guys or how it matches up?
Mike Dubyak
Yeah it does vary, but in most cases, it is managed today by the oil companies. So they have their own multiple call centers if you will, if it's in the European market in various places or if it's in another parts of Asia Pacific. So, they are primarily managing it in-house today and that may change overtime, but that’s how they are doing it today.
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